FoxTrot Classics by Bill Amend for September 19, 2020

whoop-tee-doo

Those were crazy times. I made $1,000 in short order, playing around. I lost $2,000 when the bubble burst. Granted, if I had heels on to what I had left, I would now be very wealthy. I had my money in Amazon at the time. 0h well…

I was in the dot com bubble. I owned dot com stock, my mutual funds owned dot com stocks, my 401k owned dot com stock. All way ahead in profit. I vividly remember my boss telling me “harvest, harvest” and I did. Four months later the bubble burst. Every year I send him good wishes and thank him.

Zero profits is very good look at “car sharing” companies losses, ans they still find people to found them.

The business plan of the late ’90s.

It worked out pretty well for Jeff Bezos

Then they discovered buyers for all of your personal data.

Ah yes, the days of the dot gone…

Very dated, of course. Mad times where people put up websites and traded “links” as though they had cash value.

Let’s ALL remember the $300 tax rebate episode of Futurama where Hermes gave his son a penny to invest and he said he was going to use it to buy 5 shares of amazon.com and Hermes called him a risk taker for it.